HYLN is currently in a flat bottom formation. Once it breaks out of that I would expect it to enter a bullish trend and rise until the $27.86 resistance.
- It found support on the EMA20, signalling the end of the downtrend
- MACD is in positive territory
- Daily RSI is rising steadily and just above 50, still far from overbought territory
- Weekly RSI looks close to turning positive
- There's a gap waiting to be filled at $23.64
I'm still quite new to trading and keen to learn, so any constructive critique is more than welcome.
Thanks and good luck!
- It found support on the EMA20, signalling the end of the downtrend
- MACD is in positive territory
- Daily RSI is rising steadily and just above 50, still far from overbought territory
- Weekly RSI looks close to turning positive
- There's a gap waiting to be filled at $23.64
I'm still quite new to trading and keen to learn, so any constructive critique is more than welcome.
Thanks and good luck!